Journal
AGRICULTURAL ECONOMICS
Volume 41, Issue -, Pages 93-108Publisher
WILEY
DOI: 10.1111/j.1574-0862.2010.00492.x
Keywords
Retail; Groceries; Competition; Market power; Concentration; Buyer power; Waterbed effect; Contractual incompleteness; Ex post holdup
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This article describes a number of the issues that played a central role in the UK Competition Commission's investigation into the UK Groceries Sector. We describe the questions at issue, the evidence collected to address those questions, and the conclusions drawn. We go on to describe the CC's remedies both vertically vis-a-vis the supply chain and horizontally vis-a-vis markets of high local concentration.
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